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EURGBP is turning from resistance

December 2nd, 2008 · No Comments

EURGBP: The 76.4 % Fibonacci retracement against the high comes in at the same level as the horizontal resistance from 25 Nov…..0.8569. The market has already begun to turn lower and we would not be surprised to see a test of the support level at 0.8187 in the ST.

Tags: Forex Charts

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